Press release
Construction Chemicals Market Estimated to hit a Worth of USD 54.67 billion by 2029, at a CAGR of 6.8% | BASF SE, Arkema SA, Ashland Inc., Fosroc International Limited
Exactitude Consultancy Market Research analyses that the Construction Chemicals Market will witness a CAGR of 6.8% for the forecast period of 2023-2029 and is likely USD 34.21 billion in 2022 to reach at USD 54.67 billion by 2029.The Construction Chemicals Market plays a vital role in enhancing the durability, strength, and overall performance of various construction projects. These chemicals encompass a diverse range of products, including admixtures, adhesives, sealants, protective coatings, and concrete additives. The market is driven by the escalating demand for high-quality infrastructure in both residential and commercial sectors, alongside the need for sustainable construction practices. As urbanization surges and construction standards evolve, the adoption of construction chemicals continues to rise, propelling innovation in the sector.
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Trends Are Promoting the Demand for Construction Chemicals Market
► Green Construction
The significance of LEED certifications, green marks, and sustainable structures has grown among significant players in the construction industry. The benefits to the ecology of using these chemicals exceed any extra construction-related expenses.
Green buildings, which are expected to be valued $24.7 trillion by 2029, are expected to represent major global business opportunities over the next ten years, according to the International Finance Corporation (IFC).
► Standard Material
In order to emphasise multipurpose characteristics and greatly support innovative materials with a variety of uses, the building chemicals market is creating a wide range of solutions, such as minor alterations of standard materials and the development of new material assemblages.
These elements will probably have a significant influence on how the market share for building chemicals evolves in the near future.
► Urbanization
Due to growing migration to cities that are urbanizing quickly, many emerging markets are doing so. An increase in per capita disposable income and a higher standard of life encourage demand for construction chemicals market. To meet the rising demand brought on by urbanization, more residential and non-residential structures are likely to be built.
Prominent Key players of the Construction Chemicals Market survey report:
Historical data available in the report elaborates on the development of the Construction Chemicals on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - BASF SE, Arkema SA, Ashland Inc., Fosroc International Limited, Mapie S.p.A, Pidilite Industries, RPM International Inc., Sika AG, The Dow Chemical Company and W.R. Grace & Company.
Construction Chemicals Market Recent Developments
In February 2022, Sika established a new manufacturing facility in Tanzania, East Africa, and is already producing mortars as well as concrete admixtures locally. This investment will help the company in backward integration.
In January 2022, Holcim agreed to buy PRB Group, France's largest independent maker of specialty building solutions, for EUR 340 million (USD 395 million) in net sales in 2022 (estimated). PRB Group provides a wide range of high-performance building solutions, including coatings, insulation, adhesives, and flooring systems, as well as sophisticated energy efficiency and rehabilitation solutions.
Construction Chemicals Market Segmentation:
Construction Chemicals Market by Type, 2023-2029, (USD Million)
» Concrete Admixtures
» Waterproofing & Roofing
» Repairing
» Flooring
» Sealants & Adhesives
» Others
Construction Chemicals Market by Application, 2023-2029, (USD Million)
» Residential
» Industrial
» Infrastructure
» Repair Structures
The regional outlook by revenue covers the countries namely:
✦ North America (United States, Canada and Mexico)
✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
✦ South America (Brazil, Argentina, Colombia, and Rest of South America)
✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Features of the Construction Chemicals Market Report: -
⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.
⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.
⇨ To study and analyse the global Construction Chemicals industry status and forecast including key regions.
⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
⇨ It helps you make strategic business decisions and investment plans.
Competitive Landscape
Competition has been growing for the Construction Chemicals industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.
Highlight the Following Key Factors:
► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.
► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Table of Contents
Global Construction Chemicals Market Research Report 2023-2029
1 Construction Chemicals Market Overview
1.1 Product Overview and Scope of Construction Chemicals
1.2 Construction Chemicals Segment by Type (Product Category)
1.3 Global Construction Chemicals market Segment by Application
1.4 Global Construction Chemicals Market by Region (2023-2029)
1.4.1 Global Construction Chemicals Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)
1.4.2 North America Status and Prospect (2023-2029
1.4.3 Europe Status and Prospect (2023-2029)
1.4.4 China Status and Prospect (2023-2029)
1.4.5 Japan Status and Prospect (2023-2029)
1.4.6 Southeast Asia Status and Prospect (2023-2029)
1.4.7 India Status and Prospect (2023-2029)
1.5 Global Market Size (Value) of Construction Chemicals (2023-2029)
1.5.1 Global Construction Chemicals Revenue Status and Outlook (2023-2029)
1.5.2 Global Construction Chemicals Capacity, Production Status and Outlook (2023-2029)
…
Why Choose Construction Chemicals Market Report?
✔ Unbiased conclusions and market insights
✔ 24×7 customer service available to address client queries
✔ Highly efficient and experienced team of analysts striving to create top-quality reports
✔ Our reports have facilitated the growth of over 500 companies
✔ The systematic and methodical market research process
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Thank you for your interest in the Construction Chemicals Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia.
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